@taxquestion222 wrote:
.....Is it correct that our tax rate affects the rate for depreciation recapture, or is it a flat 25%?
Federal income tax on "depreciation recapture" is taxed at a rate of 0-25%, depending, but it is capped at a maximum of 25%.
Similarly, the federal income tax rate on long-term capital gains is taxed at a rate of 0-20% but is capped at a maximum of 20%.
